Wisconsin Statutes 701.1305 – Application; governing law
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This subchapter applies to a trust created before, on, or after March 23, 2024, if any of the following applies:
Terms Used In Wisconsin Statutes 701.1305
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- State: when applied to states of the United States, includes the District of Columbia, the commonwealth of Puerto Rico and the several territories organized by Congress. See Wisconsin Statutes 990.01
(1) The trust has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state.
(2) The trust provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of any of the following:
(a) Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state.
(b) Construction of terms of the trust.
(c) Determining the meaning or effect of terms of the trust.